Financial Accounting Reporting

This class was created by Brainscape user Junaid Javed. Visit their profile to learn more about the creator.

Decks in this class (20)

FINANCIAL STATEMENTS
What are the four critria that ne...,
What are the items that are inclu...,
Are gain losses reported together...
127  cards
BASIC CONCEPTS & FINANCIAL STATEMENTS
Not considered an appropriate mea...,
Determine fv of an asset when no ...,
Which of the following should be ...
15  cards
INCOME STATEMENTS ITEMS
When would we not be required to ...,
Calc the beps net income or loss ...,
Calc the basic earnings per share
138  cards
Cash & Investments
When reporting cash on the balanc...,
What should the cash account on t...,
When calc the cash bank balance a...
73  cards
Accounts Receivables
How to calc the ar before allowan...,
How to calc the credit loss expen...,
How does write off affect the cre...
35  cards
INVENTORY
Does interest have an effect on i...,
How to calc cogs using the period...,
Are the packaging for shipping sh...
95  cards
PPP&E
When there is impairment that was...,
Proper accounting treatment for f...,
Calc the amount that the land nee...
103  cards
SEC Reporting and other topics
What is income approach,
What is the market approach,
Should a loss that is material lo...
45  cards
INTAGIBLES ASSETS
Calc the amount the patent should...,
Calc the royalty revenue,
Calc the interest expense the loan
30  cards
Payable and Taxes
What would create a deferred tax ...,
What is considered a permanent bo...,
Current liabilities includes whic...
72  cards
DEBT CONVENANT COMPLIANCE
Calc the interest coverage ratio,
Calc the current ratio
2  cards
NONCURRENT LIABILITIES
Calc the amount should fine repor...,
Calc the long term liabilities of...,
Calc whether the trouble debt res...
90  cards
LEASES
Calc the warranty expense,
When should the lessee recognize ...,
When are lease expense recognized
49  cards
EQUITY
Using the cost method of accounti...,
Calc the additional paid in capit...,
Calc the report common stock outs...
71  cards
CONSOLIDATED FINANCIAL STATEMENTS
In business combination assets ac...,
When a parent subsidiary relation...,
When are consolidated financial s...
45  cards
30 sets of MCQ That I'm getting Wrong
Restudy and understand why I'm getting many questions wrong
177  cards
STATEMENT OF CASHFLOWS
Examples of operating activities,
Ex of financing activities,
Ex of investing activities
34  cards
GOV & NON-FOR-PROFIT ACCT
What is a capital fund,
Can a local gov unit use the fidu...,
What are the governmental funds
59  cards
FINANCIAL STATEMENTS NEW PLAN
When there is a problem which has...,
When we refinance a short term ob...,
True or false when financial stat...
5  cards
30 MCQ Deck Ch 1 Topics
Are legals fees billed or unbille...,
2  cards

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Financial Accounting Reporting

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